What is cryptocurrency and blockchain technology’s role in the future of financial institutions?

The next year is finally going to bring more answers than questions as generations — especially Gen Z and millennials — continue to adopt evolving technologies. These generations are also inheriting the largest generational wealth transfer, making it essential for institutions to determine how they, too, will adopt new and evolving technologies.

Our special guest for this episode of Bank on Wipfli is Dr. Sean Stein Smith, CPA, CMA, CGMA, CFE, an assistant professor at Lehman College CUNY and one of Accounting Today’s Top 100 most influential people in accounting. Listen in as Robert Zondag, Senior Manager at Wipfli, and Dr. Stein Smith discuss:

·      What is a stable coin, and how does it differ from other crypto?

·      How can you start integrating crypto in your financial institution?

·      Would incorporating crypto affect reporting?